Tag: Red Sea

Adversities in the U.S. freight industry

The United States is in a better position to address the challenges arising from the situation in the Red Sea, according to experts. The freight sector in the United States is in better condition, according to experts, to address the challenges arising from the situation in the Red Sea, thanks to efforts to improve capacity […]

Local oil market: countries adapt strategies in the face of Red Sea conflicts

Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized. Militant attacks in the Red Sea and rising freight costs are pushing the global oil market towards becoming more localized, favoring sourcing supplies from nearby locations to avoid high fees. The disruption of oil traffic […]

Ukraine revitalizes maritime grain exports from the Black Sea

The maritime corridor is expected to remain crucial in global cereal trade. Ukraine has successfully increased its grain exports from the Black Sea to levels not seen since before the Russian invasion. Despite the crisis in maritime transport in the Red Sea, Ukraine’s success in replacing a UN-backed agreement with its own maritime transport plan […]